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Mercury General (Mercury General) Price-to-Tangible-Book

: 1.98 (As of Today)
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As of today (2024-04-19), Mercury General's share price is $53.63. Mercury General's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $27.04. Hence, Mercury General's Price to Tangible Book Ratio of today is 1.98.

The historical rank and industry rank for Mercury General's Price-to-Tangible-Book or its related term are showing as below:

MCY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.29   Med: 1.51   Max: 2.01
Current: 1.98

During the past 13 years, Mercury General's highest Price to Tangible Book Ratio was 2.01. The lowest was 1.29. And the median was 1.51.

MCY's Price-to-Tangible-Book is ranked worse than
67.76% of 459 companies
in the Insurance industry
Industry Median: 1.33 vs MCY: 1.98

A closely related ratio is called PB Ratio. As of today, Mercury General's share price is $53.63. Mercury General's Book Value per Sharefor the quarter that ended in Dec. 2023 was $27.96. Hence, Mercury General's P/B Ratio of today is 1.92.


Mercury General Price-to-Tangible-Book Historical Data

The historical data trend for Mercury General's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mercury General Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.54 1.46 1.41 1.29 1.38

Mercury General Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.29 1.25 1.24 1.17 1.38

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Mercury General's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercury General Price-to-Tangible-Book Distribution

For the Insurance industry and Financial Services sector, Mercury General's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mercury General's Price-to-Tangible-Book falls into.



Mercury General Price-to-Tangible-Book Calculation

Mercury General's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=53.63/27.036
=1.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Mercury General Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Mercury General's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Mercury General (Mercury General) Business Description

Traded in Other Exchanges
Address
4484 Wilshire Boulevard, Los Angeles, CA, USA, 90010
Mercury General Corp is an insurance holding company operating in the property-casualty market, where it focuses on low-cost auto insurance for individuals, with operations in nearly 13 United States of America states. However, its business--about 75% of premiums--comes from California, where it was established by George Joseph, the current company chairman, and majority owner. Its insurance is distributed exclusively through independent agents.
Executives
Joshua Eric Little director 192 E 200 N, THIRD FLOOR, ST. GEORGE UT 84770
Wei Pang officer: VP/Chief Technology Officer 555 W. IMPERIAL HIGHWAY, BREA CA 92821
Mark Allan Ribisi officer: President of AIS,subsidiary 16969 VON KARMAN AVE., IRVINE CA 92606
Katelyn Marie Gibbs officer: VP/Chief Experience Officer 555 W. IMPERIAL HIGHWAY, BREA CA 92821
Kelly Lynn Butler officer: VP/Chief Underwriting Officer 1700 GREENBRIAR LANE, BREA CA 92821
Joseph Vicky Wai Yee director 4484 WILSHIRE BLVD., LOS ANGELES CA 90010
George Joseph director, officer: Chairman of the Board 4484 WILSHIRE BLVD, LOS ANGELES CA 90010
George Gwyer Braunegg director 6121 SHENANDOAH AVE., LOS ANGELES CA 90010
Abby Hosseini officer: VP/Chief Information Officer 555 W. IMPERIAL HIGHWAY, BREA CA 92821
Brandt Minnich officer: Vice President, Marketing 1700 GREENBRIAR LANE, BREA CA 92821
Gabriel Tirador officer: President, other: Director
Charles Toney officer: Vice President
Jeffrey Michael Schroeder officer: VP/Chief Product Officer 1700 GREENBRIAR LANE, BREA CA 92821
Mike Curtius director
Ramona L Cappello director 4600 SLEEPYTIME DR, BOULDER CO 80301